India: Global accounting firms set up shop in India's smaller cities

[CallSignMaverick]

A report by Ernst & Young in June said it expects multinationals to set up "global capability centres" for all types of industries in tier-2 cities such as Jaipur, Vadodara, Kochi, and Chandigarh. The number of such centres could expand to 2,400 by 2030 from 1,600, adding 2.6 million jobs and over $100 billion to the economy.


In Bhubaneswar, the capital of the eastern state of Odisha, Deloitte, PwC, and IBM have opened offices to serve Indian and global clients.

https://twitter.com/x/status/1678985444589969408

@Skull and Bones @hembo @Vikramaditya-I @-=virus=- @Skimming @nahtanbob @legacytiger18 @Kuru @INDIAPOSITIVE @SN320 @NG Missile Vessels @salarsikander @Mugen @koolzberg @Kingdom come @Mountain rat @Kaniska @Bilal9 @Indos @LeGenD @Mugen @Cheepek @protean @RealDeal bros


A fascinating article on growth of Accountancy firms in India. These MNCs are supposed to create 2.6 Million Jobs in this decade.

Also, the service sector has been completely dominated by IT exports. But now, business exports are growing at much faster pace.

 

[Samlee]

Does India use national standards or have they adapted ifrs?

 

[Skull and Bones]

Call centers and BPOs should relocate to smaller cities and specifically North-East, as there is no dearth of educated folks there.

 

[Skimming]

A brilliant guy symbolizing the best of liberalisation era generation benefited from 1991 reforms and started his career in 2007.

Now his kids, symbolizing the best of generation of liberalisation 2.0 will benefit from next generation FDI.

A khandaan of winners.

 

[pikkuboss]

A brilliant guy symbolizing the best of liberalisation era generation benefited from 1991 reforms and started his career in 2007.

Now his kids, symbolizing the best of generation of liberalisation 2.0 will benefit from next generation FDI.

A khandaan of winners.

Ye kya hai

 

[migflug]

Yep accounting ,consulting growing at 50% + Per Annum since 2020.

 

[CallSignMaverick]

Does India use national standards or have they adapted ifrs?

IFRS - View Jurisdiction

www.ifrs.org

 

[Indos]

A report by Ernst & Young in June said it expects multinationals to set up "global capability centres" for all types of industries in tier-2 cities such as Jaipur, Vadodara, Kochi, and Chandigarh. The number of such centres could expand to 2,400 by 2030 from 1,600, adding 2.6 million jobs and over $100 billion to the economy.


In Bhubaneswar, the capital of the eastern state of Odisha, Deloitte, PwC, and IBM have opened offices to serve Indian and global clients.

https://twitter.com/x/status/1678985444589969408

@Skull and Bones @hembo @Vikramaditya-I @-=virus=- @Skimming @nahtanbob @legacytiger18 @Kuru @INDIAPOSITIVE @SN320 @NG Missile Vessels @salarsikander @Mugen @koolzberg @Kingdom come @Mountain rat @Kaniska @Bilal9 @Indos @LeGenD @Mugen @Cheepek @protean @RealDeal bros


A fascinating article on growth of Accountancy firms in India. These MNCs are supposed to create 2.6 Million Jobs in this decade.

Also, the service sector has been completely dominated by IT exports. But now, business exports are growing at much faster pace.

Nice info, thanks for tagging me

 

[CallSignMaverick]

Johnson Controls unveils OpenBlue Innovation Centre in Bengaluru

Global leader in smart, healthy, and sustainable buildings, Johnson Controls, has officially opened its most extensive OpenBlue Innovation Centre in Bengaluru, Karnataka. The centre, which is the

business-news-today.com

Valeo opens Satellite Tech Centre in Bengaluru as part of its Global Tech Centre in Chennai - ET Auto

Satellite Tech Centre: With the creation of new technology-focused positions, this Satellite Centre will focus on end-to-end Software and system engineering, Electronics, Mechanical engineering, addressing the core market trends in electrification, autonomous driving, reinvention of interior...

auto.economictimes.indiatimes.com

Carl Zeiss India plans to hire 800 people with the launch of new facility

Carl Zeiss India is set to hire 800 employees as it launches the first phase of its largest vision factory worldwide. The 34-acre facility, located in Devanahalli Airport, Bangalore, will require a total investment of Rs. 2500 crore and is expected to be operational by the end of 2024. The...

www.thehindubusinessline.com

Vonage opens its Research and Development Centre of Excellence in Bengaluru - Express Computer

Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation, announced that it is furthering its commitment to driving innovation by opening a Research and Development (R&D) […]

www.expresscomputer.in

 

[CallSignMaverick]

 

[Skimming]

Ye kya hai

I guess due to 1991 economic liberalization, much FDI came and lot of jobs were created. Due to which unemployment decreased, some people came out of poverty, income levels of some already APL (above poverty line) people rised, etc. A generation benefitted from the events of 1991.

Now the version 2.0 has started in 2023. So now the next generation will benefit.

I am referring to that.

 

[CallSignMaverick]

Goldman Sachs Services leases nine floors in Hyderabad at a rent of Rs 4.14 crore per month​

Goldman Sachs Services leases nine floors in Hyderabad at a rent of Rs 4.14 crore per month

The 3.5 lakh sq ft of office space has been rented for 117 months, and a security deposit of Rs 35.2 crore made.

www.moneycontrol.com

 

[CallSignMaverick]

https://twitter.com/x/status/1680107871781150722

 

[Abdul Rehman Majeed]

Does India use national standards or have they adapted ifrs?

Indians use IFS

IFS = Indian Fraud Standards

 

[CallSignMaverick]

London Stock Exchange group to set up technology centre in Hyderbad​

London stock exchange group to set up technology centre in Hyderbad - Times of India

India Business News: HYDERABAD: In a boost to the banking, financial services in Telangana, London Stock Exchange Group PLC (LSEG) announced that it will establish a Techn.

timesofindia.indiatimes.com

Continental India to hire 1000 software engineers for Technical Center in Bengaluru

Continental India to hire up to 1000 software engineers for Technical Center in Bengaluru - ET Auto

Continental Technical Center India: Continental's TCI in Bengaluru is one of its largest and key R&D locations globally, catering to both the global and the local markets. The German technology giant is looking to hire software engineers to further support its new business areas including...

auto.economictimes.indiatimes.com

Lloyds Bank to open tech centre in India​

Lloyds Bank to open tech centre in India | Computer Weekly

Lloyds Bank taps into Hyderabad tech ecosystem by opening a tech centre focused on improving digital experiences for customers.

www.computerweekly.com

Thyssenkrupp sets up new tech centre in India​

https://www.financialexpress.com/industry/thyssenkrupp-sets-up-new-tech-centre-in-india/3099167/

Citi to step up hiring at India in-house centres, says head HR Sara Wechter

Read more at:

Citi to step up hiring at India in-house centres, says head HR Sara Wechter

Citigroup plans to hire over 5,000 people at its captive technology centres in India over the next two years, increasing its total headcount to more than 32,000. The US bank will focus on areas including engineering, AI and analytics. The bank recently sold its consumer banking business in...

economictimes.indiatimes.com

Deutsche India expands tech operations in country, to hire thousands​

https://www.business-standard.com/companies/interviews/deutsche-india-expands-tech-operations-plans-to-hire-in-thousands-123071000508_1.html

Capegemini is now setting up a new 500-seat office in Gujarat International Finance Tec-City (GIFT City) and building modernized infrastructure at the Talwade campus in Pune, which will be expanded multifold upon completion.

Capgemini to build state-of-the-art innovation centres in the country; another office coming up in Gujarat

Capgemini will establish a new 500-seat office in Gujarat International Finance Tec-City (GIFT City), and develop modernised infrastructure at its Talwade campus in Pune, which will be significantly expanded. The move to build innovation centres and improve infrastructure in India reaffirmed the...

economictimes.indiatimes.com